12, SHERBOURNE WAY, BEDFORD, MK41 8RJ - £281,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 SHERBOURNE WAY is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £281,000 in May 2015, which was around 23% below the average May 2015 detached price in the Bedford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 SHERBOURNE WAY Sold Prices

Land registry data shows two sales for 12 SHERBOURNE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 12 SHERBOURNE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 29 MAY	£281,000	£362,626	23% below HPI
2004 21 JUL	£216,000	£264,506	18% below HPI

12 SHERBOURNE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 12 SHERBOURNE WAY sales from July 2004 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 SHERBOURNE WAY?

12 SHERBOURNE WAY is 94m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 12 SHERBOURNE WAY lies on this distribution: 20% of detached houses are smaller than 12 SHERBOURNE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bedford.

12 SHERBOURNE WAY: Plot and Title Map

12 SHERBOURNE WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 SHERBOURNE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 SHERBOURNE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 SHERBOURNE WAY?

12 SHERBOURNE WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 12 on SHERBOURNE WAY.